Branicks Group Second Quarter 2024 Earnings: €1.10 loss per share (vs €0.18 loss in 2Q 2023)

Branicks Group (ETR:DIC) Second Quarter 2024 Results

Key Financial Results

• Revenue: €64.3m (down 3.6% from 2Q 2023).
• Net loss: €92.2m (loss widened by €77.0m from 2Q 2023).
• €1.10 loss per share (further deteriorated from €0.18 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Branicks Group Earnings Insights

Looking ahead, revenue is expected to fall by 26% p.a. on average during the next 3 years compared to a 16% decline forecast for the Real Estate industry in Germany.

Performance of the German Real Estate industry.

The company's shares are up 24% from a week ago.

Risk Analysis

Be aware that Branicks Group is showing 2 warning signs in our investment analysis and 1 of those is potentially serious...

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